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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: jonpeetee who wrote (2459)	5/11/2001 7:43:34 PM
From: Al Collard	Respond to of 11802

Hi JPT, Your in with SRX-t @$1.65 for 6,060 shares. Chart for SR Telecom, Inc.(SRX-t): stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for SRX we can see that after a long basing period the stock took off last week on good volume and bounced right off of resistance @$2.25 it's 100MA. Following a bout of profit taking the stock bounced off of it's basing point and is now struggling with holding it's 50MA. Although the indicators have turned down since the one day run-up I would expect the stock to re-test the 100MA @$2.25 in the near future. Good luck with this pick, Al